Stocks that trade at or near their 52 week lows could provide investors a list of stocks that could be cheap, but that alone does not warrant a cheap stock. As such, in today's video we will look at these 3 popular companies to see if they are cheap from a valuation perspective or rather cheap for a reason.
A low stock price does not necessarily translate to a cheap stock. One of those stocks trading at a 52wk low is McDonald's Corp (MCD 0.40%).
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*Stock prices used were end-of-day prices of July 5, 2024. The video was published on July 6, 2024.
